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Binkley - WINNER TAKES ALL (NEW EDITION): steve wynn, kirk kerkorian, gary loveman, and the race to own ... las vegas

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WINNER TAKES ALL (NEW EDITION): steve wynn, kirk kerkorian, gary loveman, and the race to own ... las vegas: summary, description and annotation

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From Pulitzer Prize-winning journalist and culture critic Christina Binkley comes an updated revision of herNew York Timesbestselling account of sex, drugs, and the rise of Las Vegas. With a new prologue on the rise and fall of Steve Wynn.
Its a great drama on the greatest stage. . . Wynn, Kerkorian, and Loveman represent three opposing business personalities, three styles of achieving success. On the Vegas Strip, theyre pitted against one another like gladiators, and weve got front-row seats. Kapow!- bestselling author Po Bronson

The Strip. Home to some of the worlds grandest, flashiest, and most lucrative casino resorts, Las Vegas, with its multitude of attractions, draws millions of tourists from around the world every year. But Sin City hasnt always been booming: modern Vegas exists largely thanks to the extraordinary vision, and remarkable hubris, of three competing business moguls: Kirk Kerkorian, Dr. Gary Loveman, and Steve Wynn.
Having had personal access to all three tycoons, Binkley explains how their audacious efforts to reach the top-and to top one another-shaped the city as it stands. She takes us inside their grandest schemes, their riskiest deals, and the personalities that drove them to their greatest successes, and their most painful defeats. In this updated edition, she reveals the inside story of how Steve Wynn, the winner who took all, ultimately lost everything-twice.
Sharp, insightful, and revealing,Winner Takes Allis the gripping story of how billions of dollars and the unparalleled drive for power turned dreams into larger-than-life reality.

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The author has a novelists instinct for character development and taut, suspenseful storytelling, infusing the subject with all of the drama, verve, and what-happens-next imperative of a classic Scorsese epic.

Kirkus Reviews

Binkley offers plenty of nuggets mined from her years on the beat, producing a full, flashy tale of powerful men and their pride, vanity, envy, greedand all the other cardinal no-nos that earned Vegas the name Sin City.

Publishers Weekly

Binkley vividly conveys the repulsiveness of the scene, but as with train wrecks, you just cant stop looking. Or reading.

Washington Post Book World

You wont want to put down her tale of how Kirk Kerkorian, Gary Loveman, and Steve Wynn got their start and made their fortunes in Sin City.

CNNMoney.com

Winner Takes All is a solid piece of work, enlightening even as it entertains.

Rambles.net

Copyright 2008 by Christina Binkley

copyright 2018 by Christina Binkley

Cover design by Amanda Kain

Cover copyright 2018 by Hachette Book Group, Inc.

Hachette Book Group supports the right to free expression and the value of copyright. The purpose of copyright is to encourage writers and artists to produce the creative works that enrich our culture.

The scanning, uploading, and distribution of this book without permission is a theft of the authors intellectual property. If you would like permission to use material from the book (other than for review purposes), please contact permissions@hbgusa.com. Thank you for your support of the authors rights.

Hachette Books

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Originally published in hardcover by Hyperion Books in March 2008 and in trade paperback in March 2009.

Revised trade paperback edition: November 2018

Hachette Books is a division of Hachette Book Group, Inc.

The Hachette Books name and logo are trademarks of Hachette Book Group, Inc.

The publisher is not responsible for websites (or their content) that are not owned by the publisher.

The Hachette Speakers Bureau provides a wide range of authors for speaking events. To find out more, go to www.hachettespeakersbureau.com or call (866) 376-6591.

LCCN: 2018947121

ISBNs: 978-0-316-48792-4 (trade paperback, new edition), 978-0-316-48790-0 (ebook)

E3-20180920-JV-PC

To James, Harper, and Saskia.

L as Vegas has been a playground for men since the citys Mormon founding fathers arrived in 1905, leaving no mystery in why Steve Wynn made the city the center of his lifes work. Wynn understands how adults play, and how to cater to their pleasures better than most people on earth. He has catered to his own pleasures there alsopet dolphins, Impressionist masterpieces. While he isnt a child of Las Vegas and hasnt fully made his home there for years, the city is part of his soul, and vice versa: Steve Wynn is the soul of Las Vegas.

Even today, as he prepares to summer on the Aquarius, the yacht that is currently making its way from Monaco to Cap Ferrat, Wynn says he is starting a new business in Las Vegasan online art dealership. Housed in a stuccoed suburban shopping mall by McCarran International Airport, the listed office isnt the sort of place Steve Wynn would likely actually work. Its a placeholder for his new futureone he has assembled in the matter of months since his world imploded for the second time.

Its a rare thing for a human being to build an actual empire. Wynn did that twice, and in doing so he molded Las Vegaswhich is both a city and an industryinto what it is today, a world center of hedonism in sport, shopping, sex, theatrical entertainment, and gambling. His proclivity to chase his own passions has sometimes alarmed those around him, and this has been his Achilles heel.

Las Vegas has an uncanny way of attracting rule breakers, philistines, art collectors, owners of megayachts, political backerspeople who dont color within the lines. A Venn diagram of Las Vegas moguls and their friends extends in circles outward to Hollywood, Hong Kong, Jerusalem, Moscow, and Washington, D.C. The 2016 elections and their aftermath have been threaded with Las Vegas relationships: Sheldon Adelson, founder of the Las Vegas Sands empire, is one of the nations most generous Republican political donors. Wynn, until recently, was the finance chair of the national Republican Party. President Donald Trump is a wannabe Las Vegas mogul who never quite managed to do much there. An example of the way influence travels among this group: As U.S. president, Trump wished so urgently to move the U.S. embassy in Israel from Tel Aviv to Jerusalem that he was willing to wreck the United States relationships with many of its allies. Coincidentally, perhaps, Adelson wanted that Jerusalem embassy so badly that he offered to help pay for it himself.

Several characters in this book have transformed themselves in the past decade. Donald Trump, who failed to succeed in duplicating Las Vegas at his Atlantic City casinos, became president of the United States of America. Sheldon Adelson parlayed his investment in the Las Vegas Sands, where Frank and Dino once partied, into a casino dynasty with its weight in Asia, becoming one of the richest men in the world. Gary Loveman didnt succeed as hed hoped in the gambling business, but he is one of the few gambling chief executives to find an afterlife outside ita feat in itself. He has been working in the health care industry.

If this were a Hollywood film, it would be tempting to begin at the end, with the lens focused on a trim, blond seventy-six-year-old Elaine Wynn dressed in head-to-toe Oscar de la Renta, leaning in, fists planted on a vast table. The camera would pull back to reveal her surrounded by frowning men in suits, then thread a long hall into a casino with ringing slot machines, and then it would rise through the ceiling, high over the crazy quilt of themed Las Vegas Strip buildingsan Eiffel Tower, a Venetian palace, frothy dancing fountains. The scene would snap to azure Mediterranean waters and seagull callsthe lens closing in on a long yacht with a younger blond woman standing on an upper deck. Lounging on a chaise with brilliant yellow cushions would be a craggy seventy-six-year-old Steve Wynn, with disconcertingly raven-colored hair, talking urgently and loudly on his cell phone.

Im a Buddhist and I think Buddhist things.

S TEVE W YNN

L as Vegas. It is April 2006.

Steve Wynn is eating a yogurt-covered energy bar in an office with walls lined in chocolate velvet. He is spiffy in a snug yellow sweater; on the back is a rampant black panther with crimson eyes.

This place is a circus of Wynn-ness. There are three dogs in the roomtwo precision-trained German shepherds on the floor and a cocker spaniel named Loopy Lou who dances on Wynns lap for kisses and baby talk.

Wynns wife, Elaine, is in an office next door. His nephew and brother-in-law are somewhere around. A valet, eyes downcast, delivers two bottles of water and two napkins to Wynns desk.

Two women outside the door control access to the sanctum. One is Cindy Mitchum with her big hair and unflappable cool, a Wynn veteran since 1979. The other is newa cutie pie with bursting dcolletage.

Two men await an audience with Wynn out there. One has the red robes and shorn head of a Buddhist monk. He is Tensing, a kind-looking emissary from the Dalai Lama. The other is Patrick Woodroffe, the Rolling Stones lighting designer.

The valet is back. More water. Another napkin.

Sitting across from the desk is Wynns former dolphin trainer, who has stopped by to give his regards. And theres me. I am headed for the door. But before I go, Wynn has an urgent question.

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